Vietnam Takes Measures to Ensure 8.5 per cent GDP Growth Rate This Year

3:11:03 PM | 1/9/2007

Vietnam will adopt three key measures, including further fostering administrative reform in 2007, seeing it as a springboard and prerequisite to achieving the economic growth rate of 8.5 per cent, state media cited Prime Minister Nguyen Tan Dung as saying today.
 
“Drastic changes are to be made this year in administrative reform,” PM Dung said at the two-day government conference on the implementation of state budget allocation and development plans for this year, demanding “Specific actions to be taken to further speed up administrative reform nationwide and improve the business environment, especially in the fields of construction, business and land-use right certificates.”
 
“Many things remain to be done, from administrative mechanism to the staff of state cadres,” Dung emphasized, noting “The business registry procedures must be cut short to 10 days from 45 days because time is now money in the true meaning”.
 
Two other major tasks that must be conducted in parallel with administrative reform are to intensify the fight against corruption, and wastefulness, Dung reiterated.
 
“Detailed tasks and responsibilities should be defined for Vietnamese authorities at each level,” Do Quang Trung Minister of the Interior said, adding 2007 is the initial year to carry out the master plan for administrative reform.
 
Trung also pointed out many weaknesses such as low quality, overlapping legal documents that leave a green light for bureaucracy and red tape, while Chief Government Inspector Tran Van Truyen reported on the government’s action program implementing the Anti-Corruption Law.
 
The Vietnamese government leader also hailed the initiatives and steps taken by localities including Haiphong and Hanoi cities.
 
Speaking about the set GDP growth rate target of 8.5 per cent, Planning and Investment Minsiter Vo Hong Phuc said the goal is feasible and achievable, adding the focus will be on seven key solutions perfecting market economy mechanisms, improving the investment environment, raising the State’s operation efficiency, practicing thrift and combating wastefulness.
 
Meanwhile, Trade Minister Truong Dinh Tuyen announced a number of major guidelines and policies to help the national economy maintain fast and sustainable development after Vietnam’s entry into the World Trade Organization (WTO).
 
Many delegates said it is essential to build a central anti-corruption agency, issue documents implementing the Anti-Corruption Law and dealing with leaders of agencies involved in corruption. (The People, Young People)